Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this is one problem. ist and 2nd picture is requirement. . Cost of new shrinkwrap machine plus installation = $20,000 Average wait time per warehouse

this is one problem. ist and 2nd picture is requirement. image text in transcribed
image text in transcribed
image text in transcribed
. Cost of new shrinkwrap machine plus installation = $20,000 Average wait time per warehouse picker per day = 60 minutes Number of warehouse pickers = 13 Hourly wage of warehouse personnel = $12.00 Foodbank is open 5 days a week, 52 weeks a year, except for 10 holidays Expected useful life of machine = 10 years Expected salvage value = $1,500 . 1. 2. What is the expected net cash inflow per year from purchasing a second shrinkwrap machine (i.e., how much cost could be saved each year by eliminating the wait time)? What is the payback period of the second shnkwrap machine? Round your answer to the nearest two decimal places. What would the expected net cash inflow per year be if the hourly wage rate used for this analysis was increased by 25% to reflect the cost of employee benefits? What is the payback period of the second shrinkwrap machine when the increased wage rate is used to calculate the expected net cash inflow per 3. 4. Question Help E12-37B (similar to) The Charleston Foodbank is a nonprofit organization that receives donations of food and distributes this food to appropriate charitable organizations, (Click the icon to view additional information) He used this wait time data and the following assumptions to determine the financial benefit of buying a second shrinkwrap machine. (Click the icon to view the assumptions.) Rond the requirements Requirement 1. What is the expected net cash inflow per year from purchasing a second shrinkwrap machine (le, how much cost could be saved each year by eliminating the wait time)? The expected net cash inflow cost savings) per year of eliminating employee wait time is Enter any number in the edit fields and then click Check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing The Modern Hospital

Authors: B. J Hall

1st Edition

0130516724, 978-0130516725

More Books

Students also viewed these Accounting questions

Question

6. What are standard business communication channels? (LO 2-3)

Answered: 1 week ago